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Which Gold ETF/Stock?

Discussion in 'Beginner's Lounge' started by Frankieplus, Aug 25, 2019.

  1. Frankieplus

    Frankieplus

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    Since it's on the way up I want to buy into gold, but not sure which ETF or Stock I should consider.

    Does it even matter which ETF or stock I buy so long as it's gold? Gold is Gold right? Or wrong?

    I was thinking "SPDR GOLD TRUST GOLD SHARES" on the NYSE, would this do?

    Or is there another ETF or stock that some of you would recommend instead?


    Thanks


    -Frank
     
  2. HelloU

    HelloU

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    hey
    when peeps say nyse then i am a little unsure what they wish to get out of a forum .... but anyway ..... if u r talking short term easy access unhedged aussie as a hedge punt for urself then u can trade GOLD thru ur usual broker account (with normal T+2 contracts and brokerage etc) ...... that is a code btw. The usual caveats surrounding ETF trading will apply to that stock though.
     
  3. thembi

    thembi

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    If you want an ASX traded gold etf with a currency hedge (so as to remove effects of currency fluctuations) than QAU is another one.
     
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